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Mosaic Announces $1.5 Bn Loan Purchase Program for Residential Solar Projects

Mosaic, the leading financing platform for U.S. residential solar and energy-efficient home improvement projects, today announced an additional multi-year loan purchase program for approximately $1.5 billion with a leading global investment firm. This investment builds on a separate $1.5 billion, multi-year loan purchase program with Congressional Bank announced by Mosaic on April 14. This gives Mosaic access […]

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Nexamp Taps Mark Frigo to Lead Growing Energy Storage Business

Nexamp, a leading renewable energy generation and energy storage solutions provider has announced that it is accelerating the growth of its energy storage portfolio with the addition of Mark Frigo as Vice President of Energy Storage. Frigo brings deep industry experience in developing and implementing utility-scale and commercial energy storage projects. As energy storage plays […]

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MSMEs Should Avail Concessional Debt Finance to Install Rooftop Solar: Gadkari

Nitin Gadkari has invited MSMEs to look at accessing concessional debt finance to install rooftop solar systems to improve business efficiency Union Minister of Micro, Small and Medium Enterprises (MSMEs) and Road Transport & Highways Nitin Gadkari has invited MSMEs in India to look at accessing concessional debt finance to install rooftop solar systems to improve their business efficiency. […]

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Biden Administration Clears $100 Mn for DOE to Invest in Clean Energy Solutions

Biden Administration’s climate innovation agenda will see US DOE invest USD 100 million in funding for transformative clean energy technology In support of the Biden Administration’s climate innovation agenda, the US Department of Energy (DOE) has announced up to USD 100 million in funding for transformative clean energy technology research and development via its Advanced […]

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Pandemic Wiped out 429,000 Clean Energy Jobs in USA in 2020: Report

Due to the hard-hitting impacts of the pandemic, the US clean energy industry finished 2020 with its fewest number of workers/ jobs since 2015. Due to the hard-hitting impacts of the COVID-19 pandemic, the clean energy industry finished 2020 with its fewest number of workers since 2015. It also marked the first year clean energy […]

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Solar ITC Extends at 26% For Two More Years, Included in US COVID Relief Pkg

The Solar Investment Tax Credit (ITC) has been extended at 26 percent for two more years. The ITC for solar systems as well as new funding for energy storage research has been included in the US COVID-19 relief package, the Congress approved. USD 1.4 trillion federal spending package alongside a USD 900 billion COVID-19 virus […]

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US Market On Course For 19 GW Solar Additions in 2020

A report brought out by Wood Mackenzie (Woodmac), a research firm, and the Solar Energy Industries Association (SEIA) in the US states that the country is on course for adding 19 GW of solar during 2020. That would be a creditable achievement, considering the worst of the Covid pandemic still continues to run through the […]

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COVID-19 Surge Leaves 446,000 US Clean Energy Workers Unemployed: Report

As COVID-19 cases surged in the US, fewer than 8,000 jobs were added by US clean energy businesses in November, leaving more than 446,000 unemployed Clean energy companies added the fewest number of jobs in November since unemployment peaked in May, as COVID-19 cases and shutdowns in the US surged to their highest levels since […]

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REPORT: Energy Efficiency Led US Energy Job Growth in 2019 and is a Best Bet to Lead Sector’s Recovery in 2021

Energy efficiency — which led U.S. energy-sector job growth in 2019, growing to employ nearly 2.4 million Americans before the pandemic-fueled crisis — is a best bet to drive the energy sector’s recovery in 2021, according to a new analysis released today by E4TheFuture and the national, nonpartisan business group E2 (Environmental Entrepreneurs). Energy efficiency employed 28% of all […]

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